Elliott Affiliate Wins Citgo Auction With $7.3 Billion Bid
An Elliott Investment Management affiliate won an auction for Citgo Petroleum Corp.’s parent company with a bid for $7.3 billion, clearing a key hurdle in the fund’s push to acquire an oil refiner that was once Venezuela’s largest foreign asset.
A U.S. court officer overseeing an auction of shares in a Citgo Petroleum (PDVSAC.UL) parent disclosed on Friday he has ended ...
The Friday update from court-appointed Special Master Robert Pincus comes as the auction process is nearing an end. Pincus is expected to announce as early as Friday, which company he has selected as ...
A U.S. court officer has concluded discussions with Venezuela 2020 bondholders concerning the auction's proceeds of Citgo ...
The Venezuelan government has recently grabbed attention by seeking a four-month delay in the auction process mandated by a ...
Venezuela filed a last-minute motion seeking a four-month pause on a U.S. court-ordered sale of Citgo. In an order late Tuesday, U.S. District Court Judge Leonard Stark told parties involved in the ...
Financial firm Elliott Investment Management's conditional offer for shares was accepted by a U.S. court officer overseeing ...
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